Latest Key Developments (Source: Significant Developments)

April 20(Reuters) - I K Co Ltd <2722.T>:Says it plans to acquire all shares of GRACEAS Corporation through stock swap.Says one share of GRACEAS will be exchanged for 12.35 shares of the company (24,700 shares in total), effective May 16.
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Oct 6 (Reuters) - I K Co Ltd <2722.T>:Says co's unit I.K Trading Company Limited will set up a Shanghai-based JV in middle November.Says the JV will be capitalized at $500,000 (about 56 million yen).Says the JV will be mainly engaged in sales of cosmetics.
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